IDEAS home Printed from https://ideas.repec.org/a/kap/jrefec/v8y1994i3p213-23.html
   My bibliography  Save this article

Agricultural Districts and Farmland Prices

Author

Listed:
  • Vitaliano, Donald F
  • Hill, Constance

Abstract

A hedonic price equation of structureless farmland prices in New York State are fitted to 458 land transactions between 1982-1985. No capitalization is found of the state's Agricultural District farmland preservation program, which combines current-use property taxation with several development-inhibiting features. It is hypothesized that landowners avoid joining the program when it would threaten profits from a development sale, and that those who do participate gain little because agriculture is the highest value use of their land. Copyright 1994 by Kluwer Academic Publishers

Suggested Citation

  • Vitaliano, Donald F & Hill, Constance, 1994. "Agricultural Districts and Farmland Prices," The Journal of Real Estate Finance and Economics, Springer, vol. 8(3), pages 213-223, May.
    • Handle: RePEc:kap:jrefec:v:8:y:1994:i:3:p:213-23
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Plantinga, Andrew J. & Lubowski, Ruben N. & Stavins, Robert N., 2002. "The effects of potential land development on agricultural land prices," Journal of Urban Economics, Elsevier, vol. 52(3), pages 561-581, November.
    2. Lynch, Lori & Lovell, Sabrina J., 2001. "Factors Influencing Participation In Agricultural Land Preservation Programs," 2001 Annual meeting, August 5-8, Chicago, IL 20714, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Winfree, Jason A. & McCluskey, Jill J., 2007. "Takings of development rights with asymmetric information and an endogenous probability of an externality," Journal of Housing Economics, Elsevier, vol. 16(3-4), pages 320-333, November.
    4. Joshua M. Duke & Lori Lynch, 2006. "Farmland Retention Techniques: Property Rights Implications and Comparative Evaluation," Land Economics, University of Wisconsin Press, vol. 82(2), pages 189-213.
    5. Pei-Ing Wu & Ching-En Su & Je-Liang Liou & Ta-Ken Huang, 2023. "Evaluation of the Contribution of Farmland Attributes to the Total Benefit from Its Contamination Remediation: Evidence from Taiwan," Land, MDPI, vol. 12(5), pages 1-22, April.
    6. Ronald W. Spahr & Mark A. Sunderman, 2009. "A Model for Federal Public Land Surface Rights' Management," Journal of Real Estate Research, American Real Estate Society, vol. 31(2), pages 119-146.
    7. John Polimeni, 2005. "Simulating Agricultural Conversion to Residential use in the Hudson River Valley: Scenario Analyses and Case Studies," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 22(4), pages 377-393, December.
    8. Bingyi Wang & Tong Chen & Wangbing Liu, 2023. "Accounting for the Logic and Spatiotemporal Evolution of the Comprehensive Value of Cultivated Land around Big Cities: Empirical Evidence Based on 35 Counties in the Hefei Metropolitan Area," Sustainability, MDPI, vol. 15(14), pages 1-22, July.
    9. Wu, JunJie & Weber, Bruce, 2012. "Implications of a Reduced Conservation Reserve Program," C-FARE Reports 156625, Council on Food, Agricultural, and Resource Economics (C-FARE).
    10. Jason Winfree & Jill McCluskey & Ron Mittelhammer, 2006. "Buyer-Type Effects in Conservation and Preservation Property Values," The Journal of Real Estate Finance and Economics, Springer, vol. 33(2), pages 167-179, September.
    11. Segura, Baldomero & Marqués Pérez, Inmaculada, 2018. "Spatial analysis of agricultural land prices," Economia Agraria y Recursos Naturales, Spanish Association of Agricultural Economists, vol. 18(01), June.
    12. Sarah, Alobo, 2009. "Value and Premium for Titled Agricultural Land in Uganda," Research Theses 243467, Collaborative Masters Program in Agricultural and Applied Economics.
    13. Ma, Shan & Swinton, Scott M., 2011. "Valuation of ecosystem services from rural landscapes using agricultural land prices," Ecological Economics, Elsevier, vol. 70(9), pages 1649-1659, July.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:jrefec:v:8:y:1994:i:3:p:213-23. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.